Gold as an Investment. Yes or No?

Since young, our parents or grandparents kept telling us that if we have money, save it in gold. Does this still hold true nowadays given the plenty of investment choices that we are having now❓

In modern days, investors buy gold mainly as a hedging tool against political uncertainties and inflation. On top of that, many investment advisers recommend a portfolio allocation in commodities (usually of only up to 10%), which includes gold, for portfolio diversification purpose to lower down the portfolio risk. 

Gold Price movement for the past 15 years

Looking back, gold prices shoot up to all-time high after the global financial crisis in year 2007-2008. It stays relatively higher than pre-crisis era until now (USD 1,285/oz at the time of writing).

What are Some of the Factors That Drive Spot Gold Prices?

According to GoldPrice website, Gold is not only bought as an investment, but it is also bought for use in other areas such as industry and jewellery making. The potential influences on the spot price are extensive, but the following list names some of the major ones:

• Investment demand
• Jewellery demand
• Currency markets
• Inflation or deflation
• Interest rates and/or monetary policy
• Risk aversion or appetite
• Geopolitics
• Equity markets

The Rich likes Gold?

To clarify further, the rich likes gold mainly for one reason, WEALTH PRESERVATION. It's not for investment purpose, it's not for capital gain and definitely not for recurring income either. This is because the rich can generate/increase their wealth via various ways (business, equities, ventures, properties...) and definitely it's not gold. Don't blindly follow what the rich did, if we're not there yet. 😆😆😆

In conclusion, gold is a good hedging tool during market uncertainties or financial crisis (hopefully it will still works). In modern days currently, there are various methods to trade/involve in gold investment such as buying the physical gold bullion, mutual funds, futures, mining companies, and jewellery. 

With few exceptions, only gold bullion, futures, and a handful of speciality funds provide us a direct gold investment opportunity. Other investments are just deriving part of their value from other sources such as exchanged traded fund (ETF).

Oh ya... 👏👏👏

Do you know that we Malaysians can invest/buy gold via mobile app❓ And, it's shariah compliant too!

Do check out this article to find out more ↓↓↓

A New Way to Save Money in Gold ❓❓❓

https://financemalaysia.blogspot.com/2019/02/a-new-way-to-save-money-in-gold.html

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👍👍👍

A New Way to Save Money in Gold ???

After a turbulent 2018, almost all equity markets (if not all) were in negative territory.

So, coming to the year 2019, how are you going to allocate your money? Equity again? Or, bond papers?

And, more and more people are talking about gold investment now...

Why Save in Gold?

1. Gold diversifies your savings
2. Gold does not require large capital (huh? Really?)
3. Gold is highly liquid (if you chose the right way...)
4. Gold can be stored securely
5. Gold is limited in nature
6. Gold protects you from currencies crisis

Okay. Now we knew the benefits of saving in Gold. Next, in what way can we save in Gold? Well. Instead of the traditional way of buying physical gold and store it ourselves, one can starts saving via gold savings investment account or simply by a mobile app. 

Gold Saving Investment Account?

Dominated by banks, investors who opened a gold investment account can make a transaction in the purchase/selling of gold based on the bank’s prevailing selling/buying price. The difference between the bank’s buying price and selling price is your profit or loss.

Comparisons of different gold saving account available

With the advancement of technology, we don't have to go visit the bank to open a gold saving investment account anymore. Just sit back and relax, simply take out your smartphone and download one app called 'HelloGold'!

What's HelloGold?

Invest from as Low as RM1 only?

HelloGold provides an app-based platform that allows customers to buy, store, and sell physical investment-grade gold. The physical gold is safely vaulted and can be delivered to the customer directly.

Since its launch in April 2017, the app has been trusted by more than 16,000 customers in Malaysia and has won the IRBA’s Most Innovative Product award and winner of Malaysia's first FinTech Award (in the category of Prominent in Wealth, Asset & Investment Management of the year) in 2018. Also, HelloGold is the world’s first Shariah-compliant gold savings platform. Wow!

Why Putting HelloGold in Your Pocket ???

What are the Fees involved?

• Registration Fee : NO
• Add Cash Processing Fee :
• RM1.20 if you add cash through online banking, or
• RM0.00 if you add cash through Boost e-wallet.
• Cash Withdrawal Fee: NO
• Administrative Fee: 2% annually
• Gold Redemption Fee: The fees for redemption varies based on the weight of gold you redeem and includes administration, shipping, and insurance services.
• Weekend Buy and Sell Prices :
• Buy – 2% higher than on weekdays
• Sell – 2% lower than on weekdays

Click here to download (App Store for iOS devices)

Click here to download (Play Store for Android devices)

Tips: Use Boost e-wallet (click here) to add cash into your HelloGold account (no processing fee) and buy gold during weekdays.


Good News !!!



You can now register for a HelloGold account and key in Promo Code " YEOH2CZ7 " to get RM5 rebate when you purchase a minimum of RM50 worth of gold in one single transaction.

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